In a rate case closely monitored by railroads and coal interests, the Surface Transportation Board announced a decision Tuesday giving a utility a limited but important victory. The agency awarded the utility a competitive rail transportation alternative while denying other requested relief.
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Chicago Freight Car Leasing said Tuesday Paul B. Deasy has been promoted to president of the company. Deasy will oversee all day-to-day activities and work with the company’s executive team of future strategic decisions.
Deasy, who most recently was director of sales and busines ...

Trinity Industries, Inc. and GATX Corp. announced Tuesday an agreement where Trinity Rail Group, LLC will supply GATX with 12,500 railcars in the next five years. The order will include both tank cars and freight cars. “We are pleased to enter into this agreement with GATX,” ...

Not content with detaching Florida from any involvement in high speed rail, Gov. Rick Scott has put central Florida’s $1.2 billion Sunrail regional rail project on hold, at least until July. Scott says he wants to examine the project to see if it meets his criteria of providing taxpayers an ad ...